Total consumer credit in the US increased by $14.12 billion in February of 2024, compared to a downwardly revised $17.68 billion rise in the previous month and compared to market expectation of a $15 billion growth. Revolving credit, like credit cards, increased by $11.2 billion (up 0.2 percent on an annual basis) from the previous month. Non Revolving credit, typically auto and student loans, rose by $2.8 billion (up 0.4 percent on an annual basis). source: Federal Reserve
Consumer Credit in the United States decreased to 14.12 USD Billion in February from 17.68 USD Billion in January of 2024. Consumer Credit in the United States averaged 5.17 USD Billion from 1943 until 2024, reaching an all time high of 147.46 USD Billion in June of 2021 and a record low of -112.52 USD Billion in December of 2015. This page provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Credit Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2024.
Consumer Credit in the United States decreased to 14.12 USD Billion in February from 17.68 USD Billion in January of 2024. Consumer Credit in the United States is expected to be 22.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations.